'What's happening in the art market is hard to describe, very hard to decipher,' says Dominique Lévy, the co-founder of Lévy Gorvy Dayan. 'The world has forgotten the word 'nuance.' From the art market to the stock market to the political situation, everything seems to be one extreme or the other.'
One international dealer described their situation by saying, 'We're doing OK, but it doesn't feel great.' This sentiment reflects the challenges many in the art market have been facing for the past 18 months.
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